Tuesday, January 24, 2006

Lottery analysis

If you don't play, you can't win...ok, makes sense. But still, does it make sense to play?

If you've been reading this blog long enough to have seen some of my real estate calculation spreadsheets, you know I am a big Excel junkie. So I was happy to discover this post by Frank the Financially Savvy Atheist, with some intriguing calculations on whether it's worth it to play the lottery. Make sure you read the comments and follow-up post too.


Frank said...

Thanks for the mention Madame X. :)

Anonymous said...

I see the lottery as a cheap form of entertainment. Cheaper than renting bad movies for sure. Live free or die Frankie!